SIPP industry veteran John Moret has warned the sector that it must grasp the potential impact for SIPP providers of the new Consumer Duty requirements.

The FCA has taken the rare step of issuing a warning about communications from a troubled firm, SIPP and SSAS provider Hartley Pensions.

All FCA-regulated firms should, by now, have put in place their implementation plans for meeting the Consumer Duty requirements by 31 July 2023 (a later date applies for legacy products). 

Christine Hallett founded retirement and SIPP provider Options UK (formerly Carey Pensions) in 2009 and is MD of the company, now part of STM Group. Here, the Options MD talks exclusively to Financial Planning Today about her business following the controversial Adams case, her views on the SIPP market and her plans for the future.